# Asana Inc. (ASAN) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Technology / Software. Price $8.81, market value $2.0 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Asana Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **PEG: 0.70**. A PEG of 0.70 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.4×**. Each dollar of revenue is priced at 2.4×.
- **Price / book: 19.5×**. The shares trade at 19.5× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 6.1%** (5-yr avg -0.7%). Free cash flow equals 6.1% of the market value, above its five-year average of -0.7%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.

## Profitability
- **Gross margin: 87.6%**. Asana Inc. keeps 87.6% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: -19.4%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -23.9%**. The company reported a net loss over the last twelve months.
- **Return on equity: -122.6%**. Return on equity is negative because earnings are negative.
- **Return on assets: -18.3%**. Each dollar of assets produces -18.3% of profit.

## Growth
- **Revenue growth (1 yr): 9.2%** (3-yr 13.1%/yr, 5-yr 28.4%/yr). Revenue grew 9.2% over the last year, against 28.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 27.9%**. Earnings per share rose 27.9%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.26**. Debt is 0.26 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 1.2×**. It would take 1.2 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 2.18**. A Z-score of 2.18 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Asana Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: hold** (13 analysts). 13 analysts cover Asana Inc.; the consensus is hold, with an average price target of $9.27 (+5% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -39.8%** (YTD -35.7%, 3-mo 12.4%). The shares are down 39.8% over twelve months including dividends.
- **From 52-week high: -43.1%** (63.8% above the low). Trading 43% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 45**. An RSI of 45 is neutral.
- **Beta (1 yr): 1.07** (volatility 65%). Beta of 1.07 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ASAN · Page: https://foliofundamentals.com/stocks/asan

Not investment advice.